Wall Street is rotating into FedEx as the logistics giant hits record highs, driven by a corporate restructuring and a ...
FedEx is acquiring a 37% stake in European parcel operator InPost as part of a consortium, expanding its out of home delivery reach in e commerce. The company plans to spin off FedEx Freight into an ...
The company states: “FedEx (FDX) announced that its Board of Directors has concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a full ...
Memphis-based FedEx Corp. has filed the Form 10 registration statement with the SEC in the planned spin-off of FedEx Freight.
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...
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FedEx bets on high-margin verticals, AI and Europe to lift profits
During an investor day call, leadership expanded on the role newly acquired parcel company InPost will play in its European ...
John A. Smith named President and CEO; R. Brad Martin to serve as Chairman of the Board. “I cannot think of two individuals with more knowledge of, or commitment to, the long-term success of the FedEx ...
MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...
Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader Preserves commercial and operational synergies between both ...
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...
FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...
Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...
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